Tag: OKX

OKX Web3 product manager Kyle Chen on March 24 issued an apology to users, acknowledging that he had announced the wallet app’s availability "too early." He explained that the app is not yet accessible on some devices and in certain regions.  Despite the clarification, Chen did not specify which regions ...

OKX has temporarily suspended its DEX aggregator services following attempted misuse by North Korea’s Lazarus Group, a notorious hacking collective behind the $1.5 billion Bybit hack. In a March 17 statement, the exchange said the decision was made proactively after consulting regulators. OKX cited security concerns over the group’s coordinated ...

OKX has taken a significant step in its European expansion by acquiring a Markets in Financial Instruments Directive (MiFID II) license, which, upon regulatory approval, will enable the platform to launch derivative products and services for institutional clients across the region, according to the press release. On March 12, during ...

Aux Cayes FinTech Co. Ltd, the operator of cryptocurrency exchange OKX, has acknowledged running an unlicensed money-transmitting business, breaching U.S. Anti-Money Laundering laws. As a part of a settlement with the U.S. Department of Justice, the company will pay over $500 million in penalties and forfeited earnings. The Seychelles-based firm ...

OKX has officially announced the addition of PI, the native token of Pi Network to its spot trading markets.  According to the crypto exchange, deposits for PI will open on February 12 at 2:45 UTC, with spot trading launching on February 20 at 8:00 UTC. Withdrawals will be enabled on ...

OKX Australia has launched two innovative trading bots Spot Grid Bot and DCA Martingale designed to provide Australian crypto traders with advanced automated tools for market engagement. The bots simplify crypto trading by automating strategies, allowing users to trade 24/7 while managing risk on their terms. With Australia's crypto user ...

Cryptocurrency exchanges OKX and Crypto.com have obtained full licenses under the EU’s Markets in Crypto-Assets Regulation (MiCA) as of January 27. These licenses, granted by the Malta Financial Services Authority (MFSA), enable both companies to offer regulated cryptocurrency services throughout the European Economic Area (EEA). MiCA introduces a "passporting" mechanism ...

According to crypto exchange OKX, 2024 was a year of transformative changes and record growth despite challenges.  In its end-of-year report published on December 31, 2024, the crypto exchange revealed a 991% increase in the users of its wallet service, OKX Wallet, by December 2024, a 20-fold rise in daily ...

According to crypto exchange OKX, 2024 was a year of transformative changes and record growth despite challenges.  In its end-of-year report published on December 31, 2024, the crypto exchange revealed a 991% increase in the users of its wallet service, OKX Wallet, by December 2024, a 20-fold rise in daily ...

OKX has expanded its offerings with the launch of USDT-margined perpetual futures for two AI-focused digital assets, GRIFFAIN and ZEREBRO. The trading pairs, which go live today, December 27, 2024, will allow traders to access up to 50x leverage and enjoy reduced fees during the initial launch phase. The rollout ...